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Updated about 4 years ago,
What size multifamily can you buy for $1MM in your market?
What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area?
Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point.
Somewhere in the $125-200k/door range depending on location for a true C/B Class neighborhood.
I'm starting to consider other markets and I'm curious to see how much more value you can get in other areas.